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Tim Draper urges families and governments to stockpile bitcoin before a potential collapse of the US dollar.

Market News
10 Sep 2026
Bitcoin
View Source
Bullish
Tim Draper urges families and governments to stockpile bitcoin before a potential collapse of the US dollar.

Venture capitalist Tim Draper warned that the US dollar could lose value and urged families to hold six months of expenses in bitcoin, companies to keep four weeks of payroll in bitcoin, and governments to allocate some treasury funds to bitcoin. Draper believes a shift will occur when retailers start accepting only bitcoin, triggering a rush away from the dollar. Despite missing his $250,000 bitcoin price target several times, Draper maintains his long-term thesis that bitcoin's fixed supply makes it a hedge against inflation and weakening fiat currencies. He predicts bitcoin could reach $250,000 by October 2027 and become a primary form of money as confidence in the dollar erodes.

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